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for fooldaveonce:

When I left my last job in 1993, I rolled over all of my 401k into an IRA and bought Vanguard Index 500 with all of it. Dollar cost averaging didn't make sense to me for this transfer, because the money had been managed in the IRA to track the S&P 500 for the previous 14 years. I was just switching managers of the money. It worked well enough for me -- the account has trebled since the rollover. The IRA would have lost out on some worthwhile gains if I had used DCA.

(Yeah, I admit it. I'm hinting that my example is worth following. Oh, well.)

Good luck,

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